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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: Knighty Tin who wrote (59287)5/13/1999 10:17:00 PM
From: Mike McFarland  Read Replies (1) | Respond to of 132070
 
The biotech melt-up should start any day,
since I am just about at my breaking point.
Oh, I have not lost any money, up 10% YTD,
but this is like watching grass grow.

Here is a selection of mostly cheap biotechs,
which was sorted by cash/share.

SNAP CTII BTRN NBIX AXPH GLFD REGN
NPSP VRTX PDLI VLTS GELX SIBI CLTR
PGNS ALKS ABGX AVIR LKST PCYC TTP
PCOP CEPH OSIP MLNM LGND INCY CGPI
CORR GLIA MOGN ONXX SUPG CELG PARS
(courtesy of the biotech valuation thread)

I set up a portfolio on Yahoo, set the default
view for detailed--then zoom down the bottom of
the charts to see the stocks which are trending
up now. There's plenty of stuff moving up, since
about April...or you could look at MLNM since
last fall, and just cry.

My micro biotechs were supposed to have been
gobbled up by now so I could roll the cash into
gorilla genomics. Nothing ever goes quite as
you plan it though does it?

I used to think my cheap biotech darts were just
as good as the next guys picks--and while I do have
a few things from that list above, it looks to me
like the money is trickling down to second tier
biotech, with still very little interest in <100M
companies.

My two cents for tonight, mainly I am generating
noise to get up to my 2000th post, at which time
I am going to get a paid SI subscription with an
alias and start daytrading net stocks.

<g>



To: Knighty Tin who wrote (59287)5/14/1999 12:04:00 AM
From: JF Quinnelly  Read Replies (1) | Respond to of 132070
 
Quite a switch to see Incyte run while AFFX stands still.